bangkok

Ngo Thi Theu, nicknamed 'Madam Ngo', was arrested in Bangkok, Thailand on May 23, 2025, for her involvement in a $300 million cryptocurrency scam, which harmed over 2,600 victims in Vietnam. The case, coordinated by Interpol, Thai Police, and Vietnamese Police, highlights the risks in crypto investments. The article summarizes the details of the incident, the scam model, its impact on the market, and lessons for investors in Vietnam and Thailand.

In a decisive move to combat financial crime online, Thailand has officially banned unlicensed foreign cryptocurrency P2P platforms from operating in the country. This is an important part of the emergency law amendment package recently passed by the cabinet, marking a strong shift in how Thailand controls the flow of digital assets.

🔐 Red alert for foreign P2P exchanges

$LINEA #Linea @Linea.eth #DevCon #Bangkok
Last week in Bangkok, Linea marked one of its most important milestones yet, transforming from a single network into a growing decentralized ecosystem of “ponds and puddles” — a poetic metaphor for interconnected, sovereignty-driven Layer 2 networks.


🟢 1️⃣ The Linea Association Was Officially Formed
During L2con, AltLayer Rollup Day, and THW3 Bangkok, the Linea team announced the establishment of the Linea Association — an independent Swiss non-profit organization devoted to advancing the growth, governance, and decentralization of Linea’s open-source technology.
This pivotal announcement set the stage for Linea’s transition toward community-led governance, marking a historic step in Ethereum scaling.
The news quickly gained attention from major outlets, including CoinDesk, CoinTelegraph, and Decrypt, all recognizing Linea’s move as a major moment for modular blockchain evolution.
🟣 2️⃣ Linea’s Presence Dominated DevCon Bangkok
The Linea team took over Bangkok with an active presence across DevCon, De.Fi World, and Linea x Bitkub Unbound.
They also sponsored developer bounties at EthGlobal Bangkok, drawing builders and researchers from across the globe to experiment with Linea’s zkEVM stack.
Linea’s developers and advocates delivered multiple keynotes, panels, and technical demos, showcasing Linea’s growing role as the Ethereum home for scalable, user-friendly applications.
🟡 3️⃣ Consensys CEO Joe Lubin Announced the “Consensys Network State”
In his keynote at DevCon, Consensys CEO Joe Lubin reaffirmed Linea’s role as the foundation for decentralized infrastructure within the Consensys ecosystem.
He introduced the vision of the “Consensys Network State,” describing it as a new framework for governance and digital sovereignty — one that will reside directly on Linea Mainnet.
“While Consensys will operate throughout web3, we will consider Linea Mainnet our home network on which we build cores of our critical infrastructure,” Lubin said.
Lubin also launched sovs.xyz, a project inviting individuals to declare their digital sovereignty — a symbolic step toward building decentralized network states.
Participants could attest to their personal values of sovereignty and record them permanently on Linea, strengthening the community’s shared vision of freedom through decentralization.
The launch of sovs.xyz received coverage from CoinTelegraph and other major publications, further highlighting Linea’s growing influence.
⚡ 4️⃣ Looking Ahead — Linea’s Vision Beyond DevCon
The events in Bangkok marked the beginning of a new era for Linea — one where the network evolves into a community-driven, globally distributed ecosystem.
The Linea Association’s creation and Lubin’s network state vision cemented Linea’s identity as the home network for decentralized governance, bridging innovation between zkEVM technology and societal sovereignty.
As the Linea team closed one of its most successful weeks to date, it set the tone for an ambitious future, where decentralization, scalability, and community leadership converge.
🧠 Dr. Nohawn’s Reflection:
Bangkok wasn’t just a conference stop — it was the birthplace of Linea’s decentralized era.
From forming the Linea Association to envisioning sovereign network states, Linea didn’t just talk about the future of Ethereum — it started building it.

Thai police recently dismantled a large-scale Bitcoin mining facility in Chonburi province, estimated to have stolen electricity worth 3 million USD (equivalent to over 100 million baht). This is one of many similar incidents that have occurred in this country.
Sophisticated Tricks to Steal Electricity
Mining #bitcoin took place in Phanat Nikhom district, using about 1,000 mining machines. According to information from The Nation newspaper, miners tampered with the electric meter of the Provincial Electricity Authority (PEA) to secretly use electricity at night, while during the day the electric meter operated normally to avoid detection.